The Graveyard › Banks › 1991
Dryades S & La
New Orleans, LA · failed June 7, 1991 · FDIC certificate 28161
Dryades S & La of New Orleans, LA failed on June 7, 1991. It opened in 1919, 72 years before. At its last report before that it held $262.3 million in assets and $259.7 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1988, it held $280.0 million. The FDIC estimates that the Resolution Trust Corporation lost $15.1 million on it.
1984-031991-03
Assets at the end$262.3 millionlast report before June 7, 1991
Deposits at the end$259.7 million
Estimated loss to the fund$15.1 millionRTC
Largest in the quarterly reports$280.0 millionSeptember 30, 1988
Equity to assets0.9%March 31, 1991
Loans not being repaid4.3%noncurrent, March 31, 1991
Return on assets0.26%a year's rate, March 31, 1991
Staff70full time, March 31, 1991
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 billion in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.